Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

Describe a example showing quest for independence effects form's selection.

Rahul, who is a diploma holder in computers, decides to take franchise of NIIT for his backward town of Katni. Which form of franchise will he take? Give any one advantage of franchising that will accrue to Rahul.

Sonam, a dropout from 10th class is forced by her mother to start working as a domestic help. Sonam agrees on the condition to do only if every day she is allowed to cook at home and in 2-3 houses as she was fond of cooking. One family turns out to be Punjabi, other Gujarati and the third one is Rajasthani. She cooked their kind of food for an year and to everyone's surprise, she expressed her desire to open up a small eating joint of her own.
All alone, determined, she finally opens "Apna Bhoj”, a small eating joint with her savings and it became a hot spot because of the fusion food platter being offered. Do you think Sonam is an entrepreneur? Give reasons for your answers. Give two value points related.

Why is inventory control essential for an enterprise?

Discuss the steps involved in the investigation of ideas.

Describe the legal formalities in sole proprietorship registration procedure.

Company 'A' goes for public issue of 10,000 shares @₹10 each. Application were received for only 5000 shares. Can the company proceed with the process of issuing shares ?

RW, a public limited company collects waste from houses, offices and factories. Most of the waste is burnt to produce heat and electricity for the company's own use. This saves the cost for the company. But recent increase in customers has increased waste and now it has started dumping waste in old quarriwhere it is causing bad smell and gas emissions. In its business plan, it has stated 'RW will become country's number one waste business and will protect the environment for our children's benefit'.

1. What is the difference between private limited company and public limited company? Give one difference.
2. The company's goals do not appear to be completely S.M.A.R.T. Do you agree? Give reasons.
3. What values are not taken care of by RW (any two)?

Why do different entrepreneurs adopt different types of market mix for their products?

Explain various types of mergers with the help of an example.